The term "concessit solvere" is a Latin phrase that translates to "he agreed to pay." It is primarily used in the context of contract law, where it refers to an acknowledgment of a debt or obligation to pay that arises from a simple contract. Understanding this term is essential for anyone dealing with contractual agreements, as it signifies the agreement between parties regarding payment responsibilities.
Concessit solvere is commonly used in legal practices related to contract law. It is particularly relevant in civil cases where payment obligations are disputed. This term can arise in various legal contexts, including:
Users may find it beneficial to utilize legal templates from US Legal Forms to draft contracts or agreements that incorporate this term, ensuring clarity regarding payment obligations.
Here are a couple of examples of abatement:
Here are a couple of examples illustrating the use of concessit solvere:
Examples of state differences (not exhaustive):
| State | Legal Context |
|---|---|
| California | Recognizes concessit solvere in contract disputes, emphasizing written agreements. |
| New York | Commonly used in debt collection cases, requiring proof of agreement. |
| Texas | Similar applications in contract law, with specific forms for acknowledgment. |
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
| Term | Definition | Differences |
|---|---|---|
| Concessit solvere | Acknowledgment of a debt or payment obligation. | Focuses specifically on the agreement to pay. |
| Contract | A legally binding agreement between parties. | Broader term that includes various obligations, not just payment. |
| Debt acknowledgment | Formal recognition of a debt owed. | Can exist without a formal contract. |
If you find yourself in a situation where concessit solvere applies, consider the following steps:
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It means "he agreed to pay," referring to an acknowledgment of payment in a contract.